Those investors who took a chance with gold in 2011 saw that overall gold’s performance was positive. There is no denying that it was a volatile year, but when compared to the international market indexes, gold proved to be a powerful commodity.
According to many analysts and those that watch the markets on a professional level, the prediction for 2012 is that gold will most likely perform well again. One way for investors to get involved in the gold market is by seeking out the services of companies that specialize in gold and other precious metals.
The overall view of gold’s potential growth for 2012 is a positive one, although it is certainly hard to know exactly how positive. The forecasts for gold prices are not always consistent. Among those venturing a guess are BNP Paribas, who reduced their prediction for 2012 by $250 to $1,775. Other investment firms, such as Barclays and UBS have higher hopes, setting their sights at $2,000, at least. What most companies can agree on however is that gold will be a good investment this coming year.